Jasmere.com is a deal-of-the-day

One deal a day

Deal of the day is a type of ecommerce in which a website offers a single product for sale for a period of 24 to 36 hours...

 website
with a format similar to Groupon

Groupon

Groupon is a deal-of-the-day website that features discounted gift certificates usable at local or national companies. Groupon was launched in November 2008, the first market for Groupon was Chicago, followed soon thereafter by Boston, New York City, and Toronto...

.com.

Jasmere sells merchandise from upscale though lesser-known vendors. It offers discounts of 50-70% off the regular retail prices. E-mail alerts are sent daily stating that day's deal which lasts for 24 hours until the next deal starts.

Jasmere was founded in 2009 in Silver Spring, Maryland and has been featured in numerous local TV news segments.

Pricing model

Jasmere has been noted for its “anti-auction” feature, by which the price reduces as more people purchase the item with all purchasers paying the final price.